World Trade Organization’s Moratorium on Customs Duties on Electronic Transmissions renewed
Posted on 07.03.2024
At the 13th ministerial meeting of the World Trade Organization (MC13), WTO Members agreed to renew until MC14 the Moratorium on Customs Duties on Electronic Transmissions maintaining duty free trade in online services as well as digitally transmitted content.
In place since 1998 and extended repeatedly since then, the Moratorium has allowed the digital economy to take root and grow, ensuring access to digital tools, sustaining economies, and improving living standards.
Digital transactions, including those related to research, development, and distribution, now play a crucial role in supporting global supply chains and cross-border trade: the EU estimates that digital trade already accounts for close to a quarter of global trade.
Together with over 170 trade associations, MedTech Europe had signed a global industry statement to support the continuation of the Moratorium. The MC13 conference took place in Abu Dhabi between 26-29 February 2024.
For more information, please contact Dario Belluomini, Manager International Affairs.